The Commodity Futures Trading Commission (CFTC) last week ordered a former natural gas trader for Oneok to pay $25,000 in civil penalties and $31,000 in restitution for his role in a fraudulent scheme to skim profits from Oneok’s natural gas futures contracts trading on the New York Mercantile Exchange.
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CFTC Fines Former Oneok Gas Trader in Fraudulent Scheme
The Commodity Futures Trading Commission (CFTC) on Monday ordered a former natural gas trader for Oneok to pay $25,000 in civil penalties and $31,000 in restitution for his role in a fraudulent scheme to skim profits from Oneok’s natural gas futures contracts trading on the New York Mercantile Exchange.
June 14, 2005
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